Toyota Industries And DENSO Establish Automotive Air-Conditioning Compressor Manufacturing Company In China

Toyota Industries And DENSO Establish Automotive Air-Conditioning Compressor Manufacturing Company In China

The new company commenced operations in December 2013.

KARIYA, Japan — Toyota Industries Corp. (TICO) and DENSO Corp. (DENSO) have established a new company, Yantai Shougang TD Automotive Compressor Co. Ltd. (YST), in Yantai City, Shandong Province, People’s Republic of China, for the manufacture of automotive air-conditioning compressors in response to the growing Chinese automobile market. The new company commenced operations in December 2013.YST succeeds the manufacturing for the compressor business split off from Yantai Shougang DENSO Co., Ltd. (YSD), and plans to produce 2 million compressors in fiscal 2015.

With the further growth of the Chinese market and sales expansion activities, plans are in place to produce 2.5 million compressors in fiscal 2017, with the intention to boost production capacity moving forward. In addition, YST will work to increase local procurement as it aims to improve competitiveness.

TICO will work to enhance its global production capabilities covering Japan, North America, Europe, Asia, and South America so as to respond swiftly and accurately to worldwide customer needs with the aim of further growing its business.

 

You May Also Like

Auto Care Association Leaders Visit Northwood University

Auto Care President and CEO Bill Hanvey was the guest lecturer for several Northwood automotive aftermarket courses at its Midland campus.

Bill Hanvey Auto Care Northwood

Photo caption: Bill Hanvey, president and CEO, Auto Care Association (pictured on the right), teaches an automotive aftermarket course during a recent visit to Northwood University in Midland, Michigan.

Leaders from the Auto Care Association recently visited Northwood University to meet with students enrolled in automotive aftermarket courses.

MEMA Aftermarket Suppliers Achieves UAF Gold Lifetime Trustee Status

The designation goes to “outstanding donors who significantly support the UAF’s mission.”

MEMA UAF Gold Lifetime Trustee
ASE Ed. Foundation, Auto Dealer Associations Tackle Tech Shortage

Three student competitions are currently scheduled for 2024, with more being planned.

ASE Education Foundation Auto Dealers
Northwood U Announces 2024 Class of 20 Under 40 Honorees

The program recognizes NU alumni who are ambitious professionals doing great things in their careers, organizations or communities.

Northwood University 20 Under 40
Two NexaMotion Units Expand Product Offerings, Open New Locations

Transtar Industries and C&M Auto Parts are expanding.

NexaMotion Expanding

Other Posts

GPC Reports 2023 Results, Announces Global Restructuring Program

The restructuring includes a voluntary retirement offer in the United States.

Kalitta Motorsports, Dayco Announce Partnership, Distributor Agreement

Dayco will have branding on J.R. Todd’s DHL GR Supra funny car, and Kalitta is the exclusive at-track distributor of Dayco 11-mm racing blower belts for nitro engines.

Dayco Kalitta
AutoPartSource/Momentum USA Receives O’Reilly’s Sales & Service Award

This is the second year in a row that O’Reilly has honored AutoPartSource/Momentum USA with the award.

Momentum USA OReilly